Recent layoff memos, translated

Plain-English rewrites of corporate layoff announcements, with an accountability score and the facts the memo left out. Most layoffs cap at 3 — leadership rarely shares any of the cost.

• Bill (BILL) May 8, 2026
  BILL Fires 6% of Workers the Same Day It Announces $1 Billion Stock Buyback
• Block (XYZ) May 8, 2026
  Block's Stock Surged 25% When Dorsey Fired 4,000 — While Spending $2.3B on Buybacks
• Cloudflare (NET) May 8, 2026
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• Upwork (UPWK) May 7, 2026
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• Coinbase (COIN) May 5, 2026
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• Acme Corp (ACME) Apr 22, 2026
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• SNAP (SNAP) Apr 15, 2026
  Snap CEO Evan Spiegel Fires 1,000 Workers — and Pockets His Job, Pay, and Title
• Meta Platforms (META) Apr 15, 2026
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• Paramount (PSKY) Jan 25, 2024
  Paramount Lost $490M on Streaming Last Quarter — Bob Bakish Still Pocketed $31M While Firing Your Colleagues